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By motian7 on Aug 20, 2014 01:10 AM
<P>Whole Foods merger stay just a rumor</P><P></P><P>The viral story about Publix buying Whole Foods spread quickly, appearing in newspapers across Florida and around the Internet. Whether or not you like the idea and no one knows for sure where this rumor started, or why it seems unlikely to be true.</P><P></P><P>The buzz began last week, when Austin, Texas based Whole Foods' stock jumped 6.6 percent on Wall Street in two days, and options activity spiked. Whole Foods' profile also was raised when it was ranked on the 2014 Fortune 500 list announced last week.</P><P></P><P>Publix, too, has seen substantial growth so far this year. The Lakeland based retailer posted $7.8 billion in sales in the first quarter, up about 4 percent compared with the same period last year.</P><P></P><P>But their growth is no reason the companies might merge, analysts say.</P><P></P><P>Officials with both companies declined to comment.</P><P></P><P>Publix, which began expanding outside Florida in recent years, has grown steadily. New stores are opening in North Carolina, South Carolina and Tennessee, and the chain is competing with more supermarket brands than ever before.</P><P></P><P>In Florida, Whole Foods Market has steadily made a dent in Publix's market share, even though the region is still dominated by Publix and its biggest competitor, Walmart.</P><P></P><P>Whole Foods isn't Publix's only competitor Trader Joe's, The Fresh Market, Walmart Neighborhood Market have been successful in Florida www.officialauthenticdolphins.com/authentic-arthur-lynch-jersey.html thus far. More brands are coming, like Arizona based Sprouts Farmers Market, which have been eyeing sites in Florida for years.</P><P></P><P>With Publix's reputation for quality, and with competition from players like Trader Joe's, Publix could broaden its appeal by buying a company like Whole Foods so the deal, from that vantage point, does make some sense.</P><P></P><P>Publix has spent the majority of its history meticulously building a strong base in Florida, and despite having more than 1,000 stores, most of them are still based here. 1 grocer, Publix Supermarkets, and upscale organic retailer Whole Foods Market grew legs and took off over the weekend.</P><P></P><P>The viral story about Publix buying Whole Foods spread quickly, appearing in newspapers across Florida and around the Internet. Whether or not you like the idea and no one knows for sure where this rumor started, or why it seems unlikely to be true.</P><P></P><P>The buzz began last week, when Austin, Texas based Whole Foods' stock jumped 6.6 percent on Wall Street in two days, and options activity spiked. Whole Foods' profile also was raised when it was ranked on the 2014 Fortune 500 list announced last week.</P><P></P><P>Publix, too, has seen substantial growth so far this year. The Lakeland based retailer posted $7.8 billion in sales in the first quarter, up about 4 percent compared with the same period last year.</P><P></P><P>But their growth is no reason the companies might merge, analysts say.</P><P></P><P>Officials with both companies declined to comment.</P><P></P><P>Publix, which began expanding outside Florida in recent years, has grown steadily. jetsnflofficialauthentic.com/authentic-calvin-pryor-jersey.html New stores are opening in North Carolina, South Carolina and Tennessee, and the chain is competing with more supermarket brands than ever before.</P><P></P><P>In Florida, Whole Foods Market has steadily made a dent in Publix's market share, even though the region is still dominated by Publix and its biggest competitor, Walmart.</P><P></P><P>Whole Foods isn't Publix's only competitor Trader Joe's, The Fresh Market, Walmart Neighborhood Market have been successful in Florida thus far. More brands are coming, like Arizona based Sprouts Farmers Market, which have been eyeing sites in Florida for years.</P><P></P><P>With Publix's reputation for quality, and with competition from players like Trader Joe's, Publix could broaden its appeal by buying a company like Whole Foods so the deal, from that vantage point, does make some sense.</P><P></P><P>Publix has spent the majority of its history meticulously building a strong base in Florida, and despite having more than 1,000 stores, most of them are still based here.</P>
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